What type of insurance is State Farm? This question is about State Farm

State Farm is a property and casualty insurance company that operates in all 50 states, offering insurance coverage for vehicles, homes, businesses, and more. State Farm is best known for its car insurance, and it offers all the major types of coverage, including liability, comprehensive, and collision insurance. Types of Insurance Offered by State Farm Car insurance Boat, Off-road Vehicles, Motorhome, and Travel Trailers Home, Condominium, Renters insurance, Manufactured Home, and Farm insurance Commercial insurance Life insurance Health insurance Umbrella insurance Pet insurance Identity restoration insurance Rideshare insurance To learn more, check out WalletHub’s review of State Farm.

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What type of insurance is State Farm?

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This question is about State Farm

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Catherine C Ford, Writer

@catherine_ford_1 • 09/01/22 This answer was first published on 09/01/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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State Farm is a property and casualty insurance company that operates in all 50 states, offering insurance coverage for vehicles, homes, businesses, and more. State Farm is best known for its car insurance, and it offers all the major types of coverage, including liability, comprehensive, and collision insurance.

Types of Insurance Offered by State Farm

Car insurance
Boat, Off-road Vehicles, Motorhome, and Travel Trailers
Home, Condominium, Renters insurance, Manufactured Home, and Farm insurance
Commercial insurance
Life insurance
Health insurance
Umbrella insurance
Pet insurance
Identity restoration insurance
Rideshare insurance

To learn more, check out WalletHub’s review of State Farm.

Answer Question

What rating does State Farm insurance have?

State Farm is rated 3.4 out of 5 by WalletHub’s editors, based on factors such as customer reviews and watchdog-group ratings. For example, State Farm has a rating of 1.44 from he National Association of Insurance Commissioners (NAIC), meaning it has more customer complaints than the average insurer its size.

State Farm Insurance Ratings

WalletHub Editors: 3.4
A.M. Best: A++
J.D. Power: 4.2
NAIC: 1.44
BBB: A+
...

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Does State Farm offer full coverage insurance?

Yes, State Farm offers full coverage car insurance. Full coverage from State Farm typically includes at least a state's minimum required car insurance coverage along with collision and comprehensive insurance to protect the policyholder's vehicle.

Full coverage car insurance from State Farm costs $3,514 per year, on average, and is more expensive than a liability-only policy since it provides more coverage.

Cost of State Farm Full Coverage by Driver's Age

Driver	Annual Cost
16-year-old	$5,820 per year
22-year-old	$3,508 per year
45-year-old	...

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How much does State Farm car insurance cost?

State Farm car insurance costs an average of $1,032 per year ($86 per month) for a minimum-coverage policy, which is less than the national average of $720 per year. The exact cost of auto insurance with State Farm depends on factors such as a driver’s history on the road, age, state, and coverage limits. For example, full coverage insurance from State Farm costs an average of $3,514 per year.

Average Cost of State Farm Car Insurance by Category

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